Banking

Stripe and PayPal Ventures Back India’s xFlow with New Investment

Funding aims to expand xFlow's payment solutions in the Indian market.Highlights: Stripe and PayPal Ventures invest in India's xFlow.The funding will support xFlow's expansion in payment solutions.This marks a...

Anthropic Launches Financial Services Plugins for Claude, Strengthening AI Integration

New plugins enhance Claude's capabilities for financial service providers.Highlights: Anthropic announces plugins for its AI model, Claude, aimed...

Payoneer Strengthens Its Position with US National Trust Bank Charter Application

Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US...

Stripe Achieves $159 Billion Valuation, Strengthening Market Position

The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...
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Genpact Launches AI-Powered Insurance Policy Suite to Reinvent Underwriting Workflows

Genpact unveils its Insurance Policy Suite, an agentic AI solution built on Microsoft Azure, aimed at accelerating pre-bind insurance processes, driving touchless submissions, and...

Datavant Acquires DigitalOwl to Enhance Healthcare Data Platform

Datavant’s latest acquisition of AI-powered medical data firm DigitalOwl will bolster its health record retrieval, analytics, and data collaboration offerings for insurance and legal...

Zilch Appoints Former American Express Exec Boriana Tchobanova as COO to Drive Growth

Boriana Tchobanova joins Zilch as Chief Operating Officer, bringing 15 years of Amex experience to lead major initiatives, unlock revenue opportunities, and boost operational...

PayPal Offloads $7B in US BNPL Receivables to Blue Owl Funds

PayPal and Blue Owl Capital enter a two-year agreement under which Blue Owl will acquire approximately $7 billion of PayPal’s US “Pay in 4”...

North West Mutual Prepares for UK Launch in 2027 to Serve Regional Customers

The newly proposed mutual bank for the North West of England gears up for its 2027 launch, with plans for branch rollout, banking license...

Citi Sells 25% Stake in Banamex to Fernando Chico Pardo for $2.3B

Citigroup agrees to sell a quarter of its Banamex unit to prominent Mexican businessman Fernando Chico Pardo, marking a major step in its ongoing...

MBSB Becomes First Malaysian Bank to Integrate Wise Platform for Global Remittances

Malaysia’s MBSB Bank partners with Wise to launch “Global Easy Transfer (GET)”, enabling customers to send international remittances up to RM100,000 daily with better...

Finova Appoints David Espley as CTO to Lead Innovation & Technology Strategy

Mortgage and savings software provider Finova hires David Espley as Chief Technology Officer to scale its product suite, push AI and cloud adoption, and...

Zilo Raises $20M Series A2 to Accelerate Transfer Agency Fintech Growth

Transfer-agency fintech Zilo secures $20 million in Series A2 funding to scale its platform, expand globally, and launch AI-powered tools for asset and wealth...
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